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Platina increases Owendale resource

ASX-listed project developer Platina Resources has reported a 127% increase in the high-grade mineral resource at its Owendale scandium-cobalt project, in New South Wales.

The project is now estimated to host some 1.54-million tonnes of resource, at 675 parts per million scandium, 0.32% platinum, 0.16% nickel and 0.14% cobalt for 1 600 t of Scandia, 16 000 oz of platinum, 2 500 t of nickel and 2 100 t of cobalt.